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OSG Stock Chart & Stats
$5.40
-$0.15(-2.70%)
At close: 4:00 PM EDT
$5.40
-$0.15(-2.70%)
Day’s Range― - ―
52-Week Range$3.88 - $10.38
Previous Close$5.4
Volume384.62K
Average Volume (3M)600.26K
Market Cap
$243.07M
Enterprise Value$644.65
Total Cash (Recent Filing)$322.92M
Total Debt (Recent Filing)$117.06M
Price to Earnings (P/E)―
Beta0.99
Next Earnings
Aug 06, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.85
Shares Outstanding45,013,590
10 Day Avg. Volume614,155
30 Day Avg. Volume600,265
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.51
Price to Sales (P/S)1.46
P/FCF Ratio-7.02
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$13.50Price Target Upside150.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.47
Revenue Forecast (FY)$90.14M
Bulls Say, Bears Say
Bulls Say
Revenue & Segment MomentumA 92% Q1 surge in Insurance Distribution, with 42% organic growth and ArmadaCare contribution, signals durable top-line scale in the core business. Sustained segment momentum supports underwriting leverage, margin expansion potential, and provides a larger base for cross-selling and platform economics over coming quarters.
De‑risked Consolidated Balance Sheet & CapacityLow consolidated leverage and materially expanded bank/third‑party capacity give Octave flexibility to fund underwriting, M&A, and working capital without immediate equity raises. A sizable capital cushion improves resilience to underwriting volatility and supports growth initiatives over the next several quarters.
Platform & AI Strategic TransitionConsolidating MGAs on a common tech stack and partnering on AI (Anthropic plus proprietary systems) is a structural advantage: it can lower marginal costs, speed underwriting/pricing improvements, and improve loss selection as data accumulates—benefits that compound over multiple quarters.
Bears Say
Poor Profitability & Negative Cash FlowDeep negative margins and roughly -$50M TTM operating/free cash flow are structural constraints. Sustained losses limit internal funding for growth, erode equity cushions, and raise dependency on external financing. Without consistent earnings improvement, capital strain and reduced optionality are likely over months.
Everspan Losses & LAE VolatilityLarge one‑offs and elevated LAE metrics at Everspan create persistent underwriting volatility. Settlement-driven spikes in loss expense and a pre-tax loss underscore reserve and underwriting execution risks that can stress earnings and capital adequacy across multiple quarters if not normalized.
De Novo MGA Cost Drag & Early-stage LossesA high share of recently launched MGAs that remain loss-making imposes recurring earnings drag and raises execution risk. Scaling these businesses requires capital and time, and continued de novo activity compounds variability, making consistent consolidated profitability harder to sustain in the near term.
Octave Specialty Group News
OSG FAQ
What was Octave Specialty Group’s price range in the past 12 months?
Octave Specialty Group lowest stock price was $3.88 and its highest was $10.38 in the past 12 months.
What is Octave Specialty Group’s market cap?
Octave Specialty Group’s market cap is $243.07M.
When is Octave Specialty Group’s upcoming earnings report date?
Octave Specialty Group’s upcoming earnings report date is Aug 06, 2026 which is in 4 days.
How were Octave Specialty Group’s earnings last quarter?
Octave Specialty Group released its earnings results on May 06, 2026. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.034 by $0.336.
Is Octave Specialty Group overvalued?
According to Wall Street analysts Octave Specialty Group’s price is currently Undervalued.
Does Octave Specialty Group pay dividends?
Octave Specialty Group pays a Quarterly dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Octave Specialty Group dividends here
What is Octave Specialty Group’s EPS estimate?
Octave Specialty Group’s EPS estimate is >-0.01.
How many shares outstanding does Octave Specialty Group have?
Octave Specialty Group has 45,013,590 shares outstanding.
What happened to Octave Specialty Group’s price movement after its last earnings report?
Octave Specialty Group reported an EPS of $0.37 in its last earnings report, beating expectations of $0.034. Following the earnings report the stock price went up 43.365%.
Which hedge fund is a major shareholder of Octave Specialty Group?
Currently, no hedge funds are holding shares in OSG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Octave Specialty Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$13.50 (150.00% Upside)
$13.50 (150.00% Upside)
Blogger Sentiment
Bullish
OSG Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 316.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.14%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-78.71%
Trailing 12-Months
Company Description
Octave Specialty Group
Octave Specialty Group, Inc. functions as a financial services holding company, organizing its operations into two distinct divisions. Its Specialty Property and Casualty Insurance segment delivers specialized program insurance, primarily focusing on coverage for commercial and personal liability exposures. The second division, Insurance Distribution, offers a broad spectrum of services for distributing specialty property and casualty insurance, which includes roles such as managing general agents, underwriters, and insurance brokers, alongside other related distribution and underwriting ventures. Established in 1971, the company, with its corporate headquarters located in New York, New York, rebranded from its former name, Ambac Financial Group, Inc., to Octave Specialty Group, Inc. in November 2025.
OSG Company Deck
OSG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational and financial improvement story: very large revenue and adjusted-EBITDA gains in the Insurance Distribution segment, narrower GAAP losses, premium growth and loss-ratio improvement at Everspan on a pro forma basis, cost reductions, expanded capacity, and continued strategic progress on platform and AI initiatives. The quarter did include notable one-off headwinds — primarily a litigation settlement and related legal costs that materially inflated reported loss ratios, early-stage losses from newly launched MGAs, and ongoing non-recurring charges — but management quantified these items and highlighted pro forma metrics showing more normalized performance. On balance, the positive operational momentum and material improvements in non‑GAAP profitability and margins significantly outweigh the quarter’s lowlights.View all OSG earnings summariesOSG Stock 12 Month Forecast
Average Price Target
$13.50
▲(150.00% Upside)
Ownership Overview
5.54% Insiders
13.98% Mutual Funds
0.57% Other Institutional Investors
68.30% Public Companies and
Individual Investors